Hospitalisation Plan for Newborn

[iceblendedchoc]

Hi, am considering taking up an IP for my grandson ,who is a newborn. my son is also looking at it.

through all the friends and relatives recommendation, we were told GE Supremehealth P + Classic P or Elite P is the way to go. If not, AIA Healthshield Max Gold + Vitalhealth .

However what we cannot understand are the deductibles . we understand from an agent (happen to passby) one of those booth at the bus interchange is that, there is a $2000 we need to pay AIA should the grandson admits to Private hospital on 2nd year onward.

Is this normal for all IPs? Great Eastern , or any other providers?

would appreciate if anyone can share what are the practical IPs + riders in the market that most people choose for newborns , as really would like to understand this better. thank you in advance

all riders which cover all expenses has been removed by MOH's insistence. Now you have to pay some money out of your own pocket, no matter what riders you take. This is to prevent people from abusing the private hospitals and inflate medical costs. The pain for private can be real. 5 days stay + ops can be 200k, if you need to pay a % of the 200k, ask yourself if you want to pay for it.

Otherwise just go for a plan that cover ward A or B government hospital depending on your financial.

 

[micgoh]

That’s not factually true. There are also Standard Plan and no Integrated Shield plan (MediShield Life only) choices available, i.e. two coverage levels below “as charged” B1 plans. I think there’s a reasonable argument that an “as charged” public hospital B1 ward Integrated Shield plan is a legitimate insurance necessity for most people — not (for example) for wealthy families who can afford to self-insure — but that’s a different assertion.

I think some other carriers offer better coverage than NTUC Income does. “Shop around.”

Hi BBC sir, im legit looking into it and getting for my grandson asap. seems like Raffles and Singlife both offers equally great as ntuc. but again as layman, i appreciate if you can share if im right and if anything else i need to be aware of

 

[boredboiboi]

Hi BBC sir, im legit looking into it and getting for my grandson asap. seems like Raffles and Singlife both offers equally great as ntuc. but again as layman, i appreciate if you can share if im right and if anything else i need to be aware of

Hope this helps

https://www.moh.gov.sg/cost-financi...ld-life/comparison-of-integrated-shield-plans